In a consignment sale

Question

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A consignment sale is a business arrangement where the exporter (consignor) sends goods to the importer (consignee), who takes possession of the merchandise but does not provide payment until the goods are sold. The exporter retains title to the goods until they are sold, and if the merchandise does not sell, the importer can return it to the exporter without any payment being made. Therefore, all options (A, B, and C) are true statements about consignment sales.

In a Consignment Sale